More

    How To Be Empowered Through Business Ownership?

    The 70s might have had some terrible clothing and disco music, but the 70s also opened the door for girls, and in many ways, became the Decade of The Woman. Women have become empowered over the past 30 to 40 years in vast array of ways, but among the greatest ways women have become empowered is through business ownership.

    The numbers

    As of 2008, there were 10.1 million companies owned by women. These companies employ over 13 million individuals, and (as of 2008) had generated $1.9 trillion in sales. Women-owned companies make up over 40 percent of all privately held firms. One in five firms reporting earnings in excess of $1 million is a woman-owned enterprise. 3% of companies owned by women report earnings of $1 million or more.

    Only 47 percent of men will find advice. Does this really surprise anyone, give the whole”men will not ask for directions” thing? Women-owned company have been growing at double the speed of all U.S.. These companies generate $165 billion in revenue annually, and worker 1.2 million people. Between 2002 and 2008, women of colour owned companies grew more quickly than any other privately held firms.

    Let’s understand it

    Clearly, women are a really entrepreneurial group! Studies have shown that girls are competent multi-taskers, effective problem solvers, creative in ways to many facets of everyday life, and are frequently the financial planners in the home. These exceptional abilities have lent themselves superbly to the empowerment of women through business ownership. Women often create successful companies as they’ve identified a need via a particular set of circumstances. Women have created hair care products especially because of the dearth of goods they want or need and can not locate.

      How To Empower Ourselves As Women?

    Mother’s Helpers and Home Fairies came about because girls have long wanted that”they had a spouse.” Niche businesses developed for women by women are hugely successful only because girls identify with other women on a very specific level. There are numerous opportunities in the current marketplace for an enterprising woman to develop her own company, large or small. However, the listing for starting your own business is virtually infinite. Take a look around you and see if there’s a business need which can be filled.

    Conclusion

    Many of these business ideas can be started with little working capital. Not all companies take a massive investment for start-up expenses. Many of the ideas listed above can be performed from home with no workers and no overhead costs like rent, insurance, additional utilities, etc.. And, many work-from-home companies are eligible for tax break because you’re using your home as a workplace. If starting your own business is attractive to you, or starting your own home-based company is an idea you want to become a reality, then select a direction, research everything you would have to get you started, and join the countless other girls who were empowered through business ownership! There is something to this”I am woman, hear me roar,” song.

      How To Be Ready For The Unexpected?

     

    Ideas

    Related articles